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Monday, September 16, 2013

MCA has vide its notice dated 12th September 2013, brought into effect 98 sections of Companies Act, 2013 http://goo.gl/xZ4F9h



---------- Forwarded message ----------
From: CS Manish Buchasia (Practising Company Secretaries , Ahmedabad) <manishbuchasiacs@gmail.com>


The Ministry of corporate affairs has vide its notice dated 12th September 2013, brought into effect 98 sections of Companies Act, 2013
http://goo.gl/xZ4F9h
https://plus.google.com/u/0/communities/104397878954370534351?cfem=1

MCA notifies 98 sections of Companies Act 2013

The List of sections along with relevant text is given below. Please click on each section to view the text.

Chapter 1 - Preliminary

Section 2- Definitions

Chapter II -Incorporation of Company and Matters Incidental Thereto

    Section 19- Subsidiary company not to hold shares in its holding company

    Section 21- Authentication of documents, proceedings and contracts

    Section 22- Execution of Acts of exchange, etc.

Chapter III -Prospectus and Allotment of Securities

    Section 23- Public offer and private placement

    Section 24- Power of Securities and Exchange Board to regulate issue and transfer of securities, etc.

    Section 25- Document containing offer of securities for sale to be deemed prospectus

    Section 29- Public offer of securities to be in dematerialised form.

    Section 30- Advertisement of prospectus.

    Section 31- Shelf prospectus

    Section 32- Red herring prospectus.

    Section 33- Issue of application forms for securities.

    Section 34- Criminal liability for mis-statements in prospectus.

    Section 36- Punishment for fraudulently inducing persons to invest money

    Section 37- Action by affected persons

    Section 35- Civil liability for mis-statements in prospectus

    Section 38- Punishment for personation for acquisition, etc., of securities

    Section 39- Allotment of securities by company

    Section 40- Securities to be dealt with in stock exchanges


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